Reduce All Fractions to Their Simplest Forms

question 2

Short Answer

Reduce all fractions to their simplest forms. Convert all improper fractions to mixed numbers. Provide answers in the following format:
Fraction: 3/4
Mixed number: 1 5/8
-What is 2/3 + 3 1/8 x 6?

---

Definitions:

Equity Financing

A method of raising capital through the sale of shares in a company, thereby giving investors ownership interests.

Venture

A business enterprise involving risk in expectation of gain.

Co-Owner

An individual or entity that shares ownership of an asset, property, or business with one or more parties.

Venture Capitalists

Investors who provide capital to startups and small businesses with long-term growth potential in exchange for equity, or partial ownership of the company.